PIF question for new accounts

[minimock]

I know this is a broad question, and probably there really is no exact answer, but if you get a couple of new high limit cards, make charges and PIF immediatly, do the card companies look at it and say...

Oh another one of those PIF people, or do they like PIF.

Would the rather you carry a balance so they can make some interest ?

Is it best to carry a small balance now and then and give them a small piece of chump change?

Any thoughts? 

[vish1]

IMO, all prime vendors like PIF.

[MarineVietVet]

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@minimock wrote:

I know this is a broad question, and probably there really is no exact answer, but if you get a couple of new high limit cards, make charges and PIF immediatly, do the card companies look at it and say...

Oh another one of those PIF people, or do they like PIF.

Would the rather you carry a balance so they can make some interest ?

Is it best to carry a small balance now and then and give them a small piece of chump change?

Any thoughts? 

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IMO if at all possible never carry a balance forward from month to month and never pay interest. The CCC's make enough money without giving them any of ours.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

[OnTheRebound]

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@MarineVietVet wrote:

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@minimock wrote:

I know this is a broad question, and probably there really is no exact answer, but if you get a couple of new high limit cards, make charges and PIF immediatly, do the card companies look at it and say...

Oh another one of those PIF people, or do they like PIF.

Would the rather you carry a balance so they can make some interest ?

Is it best to carry a small balance now and then and give them a small piece of chump change?

Any thoughts? 

---

IMO if at all possible never carry a balance forward from month to month and never pay interest. The CCC's make enough money without giving them any of ours.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

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Amen. Don't worry about what the banks may or may not think. Do what is best for you and your pocket book. And that, in my opinion, is to always PIF.

Just pay your  bill on time, every time and everyone will be happy.

[tsquad131]

unless you have a 0% interest deal then take advantage of it

[OnTheRebound]

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@tsquad131 wrote:

unless you have a 0% interest deal then take advantage of it

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Yes. I do that frequently. If someone wants to give me free money I'll take it if I have a need.

[vish1]

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@OnTheRebound wrote:

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@tsquad131 wrote:

unless you have a 0% interest deal then take advantage of it

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Yes. I do that frequently. If someone wants to give me free money I'll take it if I have a need.

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Even if you have 0% APR, keep a good eye on what your are swiping. 0%/low APR is exactly the period where many people end up going swipe-happy and get themselves trapped. IMO, rotate balance only with 0% or low APR and only for things like furniture etc. You should always PIF for daily expenses. This is just my opinion.

[minimock]

Thanks for the input. Good stuff.